SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of MAY , 2003. ------- ---- IMA EXPLORATION INC. ------------------------------------------- (Translation of registrant's name into English) #709 - 837 West Hastings Street, Vancouver, British Columbia, V6C 3N6, Canada -------------------------------------------------------------------------------- (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F --------- --------- Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _______ Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _______ Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X --------- ---------- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3- 2(b): 82-_____________ SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized. IMA Exploration Inc. (Registrant) Date May 30, 2003 By /s/ William Lee ------------------------------ ------------------------------------- (Signature) William Lee, Director and Chief Financial Officer --------------------------------------------------------------------- 1 Print the name and title of the signing officer under his signature. - 1 - BC FORM 53-901F (FORM 27) Securities Act MATERIAL CHANGE REPORT Section 85(1) of the Securities Act, British Columbia (the "British Columbia Act") Section 118(1) of the Securities Act, Alberta (the "Alberta Act") Section 75(2) of the Securities Act, Ontario (the "Ontario Act") 1. REPORTING ISSUER The full name of the Issuer is IMA Exploration Inc. (the "Issuer"). The address and telephone number of the principal office in Canada of the Issuer is as follows: #709 - 837 West Hastings Street Vancouver, BC V6C 3N6 Phone: (604) 687-1828 2. DATE OF MATERIAL CHANGE May 30, 2003 3. PRESS RELEASE A press release dated May 30, 2003, a copy of which is attached, was released through various approved public media and filed with the TSX Venture Exchange and the British Columbia, Alberta and Ontario Securities Commissions. 4. SUMMARY OF MATERIAL CHANGE(S) Please see attached press release for details. 5. FULL DESCRIPTION OF MATERIAL CHANGE Please see attached press release for full details. 6. RELIANCE ON SECTION 85(2) OF THE BRITISH COLUMBIA ACT, SECTION 118(2) OF THE ALBERTA ACT AND SECTION 75(3) OF THE ONTARIO ACT Not Applicable - 2 - 7. OMITTED INFORMATION Not Applicable 8. SENIOR OFFICER The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number: William Lee Chief Financial Officer Phone: (604) 687-1828 9. STATEMENT OF SENIOR OFFICER The foregoing accurately discloses the material change referred to herein. DATED at Vancouver, British Columbia, this 30th day of May, 2003. /s/ William Lee ------------------------------------ William Lee, Chief Financial Officer IMA EXPLORATION INC. Suite 709 - 837 West Hastings Street, Terminal City Club Tower, Vancouver, B.C. V6C 3N6 Tel: 604-687-1828 Fax: 604-687-1858 Toll Free: 800-901-0058 Internet: www.imaexploration.com E-mail: info@imaexploration.com TSX Venture Exchange: IMR OTC Bulletin Board: IMXPF Frankfurt & Berlin Exchanges: IMT (WKN 884971) -------------------------------------------------------------------------------- NEWS RELEASE MAY 30, 2003 NEW DIRECTOR APPOINTED IMA Exploration Inc. is pleased to announce that Mr. Robert Stuart (Tookie) Angus has been appointed to the Board of Directors. Mr. Angus is a partner in a major national law firm where his area of practice has been on mining law. Mr. Angus has practiced for many years and brings a wealth of experience to the Board in dealing with mining properties and major international mining companies. The Company has granted, subject to regulatory approval, director options to purchase 300,000 common shares at $0.90 per share, exercisable for a period of five years, to the recently appointed directors. IMA Exploration Inc. focuses on quality exploration work designed to define economic gold and silver deposits in Argentina and Peru. The Company has put together an enviable property portfolio including over 37 well-located, high-potential projects and is continuing to add to this package through grass-roots exploration and staking. ON BEHALF OF THE BOARD /s/ Joseph Grosso ---------------------------------- Mr. Joseph Grosso, President & CEO For further information please contact Joseph Grosso, President & CEO, or Sean Hurd, Investor Relations Manager, at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email INFO@IMAEXPLORATION.COM, or visit the Company's web site at HTTP://WWW.IMAEXPLORATION.COM. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. 2003 NUMBER 19